Staten Island rezoning is ahead of its time
It’s tempting for big real estate players to ignore Staten Island, the so-called Forgotten Borough. It’s a sleepy suburb. There’s no proper street grid or transportation network. Properties taller than two stories are rare. And bridges wipe out your E-ZPass balance faster than the Yankees eliminate the Red Sox. But wait! The North Shore of Staten Island offers harbor views and is walking distance from the Staten Island Ferry, which gets you to Lower Manhattan in 25 minutes for free. Unfortunately, the neighborhood has long been a graveyard for efforts to spur development. Two recent projects — Empire Outlets and […]
This article originally appeared on The Real Deal. Click here to read the full story.
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